My second month of trading options In May I received $820 in premiums from trading options. That’s $100 more than what I made in April. Yay. 🙂 Here are some key points from my options trading this month. I sold 10 options – 8 Puts and 2 Calls. I bought 1 option to close my previously sold TD… Read More »
A couple days ago I made $220 in about 5 minutes from trading options. Today I will explain exactly what I did, why I did it, how others can do the same if they wish to, and the risks involved with this maneuver. Out of all the option trading strategies out there, buy write options are probably the least risky, especially done with… Read More »
Last month I wrote how to make some easy money by selling a put option for Teck Resources. The option expired several days ago and I made $48. Cool beans! Since my trade was successful I decided to do it again. So after the option expired I sold another put option for TCK.B for the strike price of… Read More »
I just sold my first covered call this morning 🙂 The proceed was deposited into my trading account and I am now $68.76 richer, yippee! I should do this more often (^_^) What does it mean to sell (or write) a covered call option? A “call option” is a contract between a buyer and a seller where the… Read More »
I recently wrote about wanting to try options trading. There are different kinds of options. The strategy I’m explaining today involves selling an uncovered put option. Earlier this morning I submitted an order to sell one $0.60 put option for Teck Resources. Unlike stocks, options have an expiration date so we can’t hold them forever. My TCK options contract ends on June 21st so I’ll post an update… Read More »